Business

Evertas Appoints Nick Selby as Head of European UnderwritingEvertas, the pioneering crypto insurance company, has announced the appointment of Nick Selby as the new Head of European Underwriting.Selby, a seasoned professional in information and...

Gamuda Land's Redevelopment Plans for 75 London Wall Building ApprovedGamuda Bhd’s property arm, Gamuda Land, has received approval for its redevelopment plans for the 75 London Wall building in the UK. Teaming up with...

Enhanced Security Measures Implemented at British Grand Prix for Second Consecutive YearFacial recognition technology will once again be utilized by Northamptonshire Police at the upcoming British Grand Prix event, scheduled to take place on...

OpenAI's Ambitious Quest for Nuclear Fusion to Power Superhuman AI Sign up to our free weekly IndyTech newsletter delivered straight to your inboxSign up to our free IndyTech newsletterChatGPT creator OpenAI is reportedly seeking a...

K-Tec to Introduce Groundbreaking Earth Scrapers Utilizing Fossil-Free SteelCanada-based original equipment manufacturer (OEM) K-Tec, a part of the K.A. Group, has announced its groundbreaking partnership with Swedish steel company SSAB to pioneer the use...

Huawei Philippines launches AI-optimized storage solutionsHUAWEI Philippines launched its artificial intelligence-optimized storage solutions during the celebration of the Huawei IT Day held at Shangri-La, The Fort, on May 23. Themed "Unleash Data Power Towards...

Corsair Capital Management L.P. Trims Holdings in Mirion Technologies, Inc. (NYSE:MIR)Corsair Capital Management L.P. recently reduced its position in Mirion Technologies, Inc. (NYSE:MIR) by 13.5% in the fourth quarter, according to its most recent...

Moderna's Latest Breakthrough in RSV Vaccine Approval Signals Potential Market GrowthModerna, a well-known biotech company that gained prominence during the development of a successful coronavirus vaccine, has recently received positive news that could mark...

Peru Partners with NPCI to Develop UPI-like Payments System, Becomes First South American Nation to Do SoIn a groundbreaking move, NPCI International Payments Limited (NIPL) has joined forces with the central bank of Peru...

Unity needed to win the cyber wars, say tech titansThe world faces an unprecedented level of cybersecurity threats, making it crucial for all organisations involved in cyberdefence to work together to thwart the attacks,...

Middle East Market Movements: Saudi Arabia SoarsIn a surprising turn of events, Saudi Arabia's benchmark index experienced a significant surge of 2.6%, marking its most substantial intraday rise in nearly a year. This uptick...

Taiwan Signs Agreement With QatarEnergy as New North Field East Expansion PartnerTaiwan’s national oil company, CPC, has signed a long-term liquefied natural gas (LNG) supply deal with QatarEnergy that also gives Taipei equity in...

Intercontinental Exchange, Inc. (NYSE:ICE) Shares Surge as Campbell & CO Investment Adviser LLC Increases StakeCampbell & CO Investment Adviser LLC has recently boosted its stake in Intercontinental Exchange, Inc. (NYSE:ICE) by 9.8%, as per...

Lundin Mining Sees 5-Year Earnings Decline, But Shareholders Still Up 167%When it comes to investing in companies, there's always a risk of losing money. However, if you choose a company that is thriving, the...

France Prepares for Controversial Multicultural Opening Ceremony at the OlympicsEvery host country of the Olympic Games faces a reckoning. It’s not a trial like a war or national disaster. It can’t be compared to...

ABB New Optimal Speed Routing to Help Vessels Enhance Fuel EfficiencyABB has introduced a new feature to its Routing Services portfolio that will allow vessel owners to manage fuel costs on a through-voyage basis...

Tesco Urgently Recalls Two Chocolate Bars Over 'Health Risk' ConcernsIn a recent development, Tesco has issued an urgent product recall for two of its chocolate bars due to potential health risks. The affected products...

ABM Industries Updates FY24 Earnings GuidanceABM Industries (NYSE:ABM) recently provided an update on its FY24 earnings guidance, revealing an EPS range of $3.40-3.50 for the period. This announcement came on Thursday, and it was...

Crypto Scammers Exploiting AI Deepfakes and ChatGPT-Related Keywords to Deceive Victims: ReportA recent report by the blockchain analytics platform Elliptic has shed light on the alarming trend of crypto scammers leveraging artificial intelligence (AI)...

Ex-OpenAI Employee Reveals Reasons Behind FiringIn a recent turn of events, a former OpenAI researcher, Leopold Aschenbrenner, has come forward to shed light on his dismissal from the company. Aschenbrenner, who previously worked on...

Semiconductor Machinery Manufacturing Market Forecasted to Grow at 13.0% CAGR, Reaching $223.8 Billion by 2029Global demand for semiconductor machinery manufacturing is anticipated to escalate from $121.5 billion in 2024 to $223.8 billion by 2029,...

Non-alcoholic Drinks Market to Reach $2.9 Trillion, Globally, by 2035 at 6.9% CAGR: Allied Market ResearchThe non-alcoholic drinks market is experiencing significant growth, driven by health-conscious consumer trends, changing lifestyles favoring mindful consumption, innovative...

Asda-owning Issa brothers divide their empire as Zuber sells supermarket stakeThe billionaire brothers, Mohsin and Zuber Issa, who are part-owners of Asda, are making changes to their business interests. Zuber Issa has decided to...

End of an Era for Paramount+: A Transformation in the Streaming LandscapeFor months, speculation has been rife about the future of Paramount+. This week, the streaming service faced a major turning point as the...

Market Analysis | Comments, Assessments, Analysis, Forecasts, and MoreOn June 8, 2024, the markets witnessed some significant movements and developments across various asset classes. Let's delve into the key highlights of the day:**Gold Analysis:**...

Double Eagle Poised for Massive Permian Asset SalePrivately-held Permian basin producer Double Eagle is reportedly considering the sale of assets potentially worth more than **$6.5 billion**, including debt, Reuters reported on Wednesday, citing unnamed...

Renaud and Geely Join Forces to Create a New Auto Giant: "Horse Powertrain"The French automaker Renault and the Chinese conglomerate Geely have formed an alliance to create a new auto giant in the automotive...

Maples Group Facilitates Expansion of Global Hospitality Company in the CaribbeanInternational law firm Maples and Calder, operating under Maples Group, recently played a pivotal role in advising IHG Hotels & Resorts (IHG Group) as...

Breaking News: Lars Drückhammer Steps Down as CEO of Blau DirektIn a surprising turn of events, Lars Drückhammer, co-founder and CEO of Blau Direkt, has announced his decision to step down from his role...

Bundesbank Forecast for Germany: German economy poised for recoveryThe German economy is showing signs of slowly regaining its footing, according to the latest forecast from the Bundesbank. After a period of weakness lasting approximately...

Suit against Amazon Prime for Introduction of AdvertisingIn February, Amazon introduced advertising on its paid streaming service, Prime Video. Only those who pay more can watch series without ads. The Consumer Center in Saxony...

KOSÉ Corp. Announces Opening of Maison KOSÉ in Los AngelesKOSÉ Corporation, a renowned cosmetic company from Japan, has revealed its first stand-alone store in the US, Maison KOSÉ, located in Los Angeles. This new...

TSMC-backed Vanguard and Dutch firm NXP to build $7.8 billion Singapore wafer plantTaiwan Semiconductor Manufacturing Co.-backed Vanguard International Semiconductor Corporation and Dutch chip designer and manufacturer NXP Semiconductors have announced plans to...

Signs of Potential Turmoil in Global Financial SystemFinancial markets have been experiencing a period of relative calm since the turmoil caused by the failure of three significant US banks in March 2023, which required...

Mantra OM Price Surges: Tokenization of Real AssetsMantra (OM), a Layer-1 (L1) blockchain supporting the tokenization of real-world assets (RWA), has seen a price surge of nearly 40 percent in the past seven days....